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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
ePlus Acquires ABS Technology
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U.S. Orders for Durable Goods Rise in July
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Fed Chief Jerome Powell Keeps Hope Alive for Interest-Rate Cuts
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More Than 20,000 AT&T Workers Walk Out
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Free ASA Webinar Tomorrow—Make Your Website a Marketing Tool
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ASA Staffing Index Offers Up-to-Date View of Staffing Employment
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Illinois Expands State Human Rights Act to Include Employers With One or More Employees
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Department of Labor Issues Updated CHIP Notice
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Manager’s Observation of Harassment Places Liability on Employer
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Employers Try New Language to Lure Job Seekers
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